RT Adrian (@_Adrian)BITCOIN DOES NOT USE ENCRYPTIONSorry, but that's the facts and @adam3us is right to point out that if you don't understand this rather simple distinction, you probably should not be talking about a QC cracking Bitcoin.TL/DR: A Quantum Computer wouldn't "decrypt" a private key; it would use Shor’s Algorithm to calculate a private key from a public key.The Basics:Encryption refers to the act of hiding information so only those with a key can read it. Bitcoin doesn't do this. The blockchain ...

RT Brother Odin 🥷🏽 (@odin_free)"Maybe Satoshi intended to set up a gigantic reward for whoever first builds a scalable quantum computer." Scott AaronsonIf you missed the livestream, you need to hear this theory.Scott and @EliBenSasson just finished a deep dive into whether Quantum will kill crypto. ...

Inside IBM’s Quest To Win The Quantum Computer Race https://t.co/LzegwQanbC ...

Quantum Computing Overview - The field is at the edge of technology, with potential advancements in medicine, technology, and materials science if fundamental problems in complex molecule understanding and optimization are solved [1][2][3] - Quantum computers are being developed to address problems currently intractable for even the fastest supercomputers, particularly in areas like energy optimization and city traffic management involving billions of variables [2][3][4] - Quantum computers leverage the principles of quantum mechanics, specifically superposition and entanglement, to potentially achieve faster algorithms [5][8] Quantum Principles - Qubits, the fundamental unit of quantum computers, can exist in a superposition of 0 and 1 simultaneously, unlike classical bits which are either 0 or 1 [10][11] - Entanglement creates an instantaneous connection between two particles, regardless of distance, allowing for correlated quantum state collapses [8][14][15] - Quantum entanglement, though difficult to generate, is a valuable resource with potential applications in quantum teleportation, which involves transferring quantum information [16][17][18] Applications and Future Directions - Quantum computing has potential applications in medicine, artificial intelligence, energy-efficient battery development, and cybersecurity [19] - Quantum computers could pose a threat to current cybersecurity systems, necessitating the development of quantum-resistant security measures [20] - Current quantum computers are still in early stages, being small, noisy prototypes with significant technological and theoretical challenges to overcome [22] - The field is focused on developing algorithms for error correction and future applications on fault-tolerant quantum computers [22][23] - Quantum computers are not a panacea but rather specialized machines for solving well-structured, crucial problems, particularly in understanding physics and the universe [24][25]

Quantum Computing Advancement - Caltech is building the world's largest neutral-atom quantum computer [1] Technology Development - The development signifies a major advancement in quantum computing technology [1]

Investment & Technology - Novo Nordisk and the Danish government will invest €80 million in a Microsoft-powered quantum computer [1] - The investment aims to boost technological development in the Nordic region [1]